Common use of Non-Substitution Clause in Contracts

Non-Substitution. The Lessee acknowledges and agrees that the non- appropriation provisions of Section 15.1 hereof are not intended to be used as a substitute for convenience termination nor for the purpose of replacing the Equipment with other substantially identical property. The Lessee, to the extent permitted by applicable law, acknowledges and agrees not to utilize such provisions for such purposes.

Appears in 4 contracts

Samples: Equipment Lease Purchase Agreement, Escrow Agreement, Equipment Lease Purchase Agreement

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